Foresight Capital Management Advisors Inc. Buys Shares of 42,612 SPDR Portfolio S&P 500 Growth ETF $SPYG

Foresight Capital Management Advisors Inc. purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) during the second quarter, Holdings Channel.com reports. The fund purchased 42,612 shares of the company’s stock, valued at approximately $5,070,000. SPDR Portfolio S&P 500 Growth ETF accounts for 2.5% of Foresight Capital Management Advisors Inc.’s investment portfolio, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of SPYG. N.E.W. Advisory Services LLC increased its stake in SPDR Portfolio S&P 500 Growth ETF by 42.5% during the 4th quarter. N.E.W. Advisory Services LLC now owns 37,488 shares of the company’s stock worth $4,000,000 after buying an additional 11,188 shares during the period. U.S. Capital Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 9.4% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 98,671 shares of the company’s stock valued at $10,528,000 after buying an additional 8,450 shares during the period. Sightline Wealth Advisors LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 17.4% in the 4th quarter. Sightline Wealth Advisors LLC now owns 44,368 shares of the company’s stock valued at $4,734,000 after buying an additional 6,575 shares during the period. Meridian Wealth Management LLC boosted its position in SPDR Portfolio S&P 500 Growth ETF by 49.7% in the 4th quarter. Meridian Wealth Management LLC now owns 94,548 shares of the company’s stock valued at $10,088,000 after buying an additional 31,383 shares during the period. Finally, SmartHarvest Portfolios LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth $609,000.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.7%

SPDR Portfolio S&P 500 Growth ETF stock opened at $123.02 on Friday. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $124.04. The stock’s fifty day simple moving average is $118.02 and its 200-day simple moving average is $111.07. The firm has a market capitalization of $54.46 billion, a P/E ratio of 32.28 and a beta of 1.17.

About SPDR Portfolio S&P 500 Growth ETF

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.